Too Soon to Celebrate for Europe's Banks

By

Francesco Guerrera

Updated Jan. 28, 2013 9:27 p.m. ET

Show me that glass again? Definitely half full. You look great, by the way. Have you lost weight?

Forgive me if I sound uncharacteristically chirpy, but I am writing this column on the plane back from the annual meeting of the World Economic Forum, whose theme was "Returning Optimism." OK, maybe not quite. The official leitmotif of the Davos jamboree was actually "Resilient Dynamism," but the participants' mood...